Home Market Samsung Pay now accepts ANZ Visa

Samsung Pay now accepts ANZ Visa

Samsung Electronics Australia has announced that from today its contactless mobile payments service, Samsung Pay, is now accessible via ANZ Visa debit or credit card and a compatible Samsung device.

Samsung Pay is a convenient payment solution for users of Samsung Galaxy A5/7, Note 5, Galaxy S6/7/8 variants and Gear S2/3 smart watches.

Richard Fink, vice-president, IT & Mobile Division at Samsung Electronics Australia, said: “ANZ and Samsung share goals of developing incredible experiences for our customers through collaboration and innovation with a mutual effort to advance digital payments for the benefit of Australians. We believe the convenience, security and choice that Samsung Pay offers is helping to transform the way Australians undertake everyday tasks when transacting.”

“ANZ customers can now benefit from Samsung Pay’s unique features, such as our three-layered security system, and can enjoy using the service anywhere you can pay with a contactless credit or debit card,” he added.

ANZ managing director Product, Bob Belan said, “We are pleased to be delivering another innovative mobile wallet solution specifically for Samsung devices – something that ANZ customers have told us is relevant and important to them. Samsung has strong device market share in Australia and many of our customers love its open approach to technology, so it made sense for us to work with them in bringing this convenient and secure mobile payments solution to our customers.”

“At ANZ, we believe our customers are best placed to make their own choices about which digital wallet works best for them. From today, our customers can now choose to make purchases using their compatible Samsung device and eligible ANZ Visa debit or credit cards.”

Samsung Pay has been gaining widespread support,  with major banks including ANZ, Westpac and Citi and American Express credit cards. In addition, 35 smaller banks and credit unions support it.

All eligible devices support Near Field Communications (Paywave) and Galaxy A5/A7, S7/8 and Gear S3 support Magnetic Secure Transmission (swipe) and MoBeam.

The wallet function can also load more than 100 different types of loyalty cards.

Samsung Pay does not store unencrypted credit card details on the device – it uses a one-off token and cryptogram system for each purchase via the Samsung pay app. Each purchase is authenticated by fingerprint, pin or iris scan.

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Ray Shaw

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Ray Shaw ray@im.com.au  has a passion for IT ever since building his first computer in 1980. He is a qualified journalist, hosted a consumer IT based radio program on ABC radio for 10 years, has developed world leading software for the events industry and is smart enough to no longer own a retail computer store!